Volatility Lingers as Investors Reset

U.S. Stocks Sink in Broad Selloff

Stocks extended recent declines in a broad selloff, as investors grapple with another leg up in bond yields and a steep fall in Chinese stocks.

The Dow Jones Industrial Average ended down 139.84 points, or 0.9%, to 14659.56, the ninth triple-digit move in stock prices over the past 10 trading sessions. This period of unusual volatility has been spurred by investors reassessing the ability of financial markets to weather a pullback of stimulus measures by the Federal Reserve. A credit crunch in China, and its potential...